Holding in Company

City of Oxford Geared Inc Tst PLC
4 May 2001

1 Name of company:

The City of Oxford Geared Income Trust PLC

2 Name of shareholder having a major interest:

Govett Investment Management Limited

3 Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18:

In respect of the shareholder in (2) above.

4. Name of registered holder(s) and, if more than one holder, the number of

See additional information below

5 Number of shares/amount of stock acquired:

Not disclosed

6 Percentage of issued class:

7 Number of shares/amount of stock disposed:

Not disclosed

8 Percentage of issued class:

9 Class of security:

Ordinary Shares

10 Date of transaction:

Not disclosed

11 Date company informed:

4 May 2001

12 Total holding following this notification:

1,520,000

13 Total percentage holding of issued class following this notification:

8.76

14 Contact name for queries:

Heather Williams

15 Contact telephone number:

020 7597 1843

16 Name of company official responsible for making notification:

Heather Williams

17 Date of notification:

4 May 2001







Additional Information:

Beneficial Owner                   No.Ordinary     % issued   Registered Holder
                                   Shares            class

Govett Asian Income & Growth Fund  400,000           2.31     Royal Bank of
Ltd                                                           Scotland

Govett High Income Investment      670,000           3.86     Chase Nominees
Trust Plc                                                     Limited

Govett European Technology &       450,000           2.59     Chase Nominees
Income Trust Plc                                              Limited

                                   1,520,000         8.76